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Jan 13, 2013
01/13
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we are talking about a sales tax and it is alled the fair tax. what it means, yes, it could start at 15 percent x. rick unger makes a good point. states have their own sales tax system . it would make a competitive health care market. here is the problem, the senior lobby would lobby hard against it because seniors paid the income taxes and when they spend income in sales tax, they would be upset about it. >> michael, just for the sake of simplicity alone. the last tax increase that we had to endure makes the tax code more complex. for the sake of simplicity don't you want. >> i want a flat income tax and that makes it simple and fair and everyone to pay the porportion of their income in taxes that gives them the same amount of sn in the game and that would slow down government spending, wow, i am going to taxed for a new program. >> steve will not give you an argument on the flat tax, but the beauty of what is happening in the state level in this country, for all of the messiness that we have in the state level they are getting their act togethe
we are talking about a sales tax and it is alled the fair tax. what it means, yes, it could start at 15 percent x. rick unger makes a good point. states have their own sales tax system . it would make a competitive health care market. here is the problem, the senior lobby would lobby hard against it because seniors paid the income taxes and when they spend income in sales tax, they would be upset about it. >> michael, just for the sake of simplicity alone. the last tax increase that we...
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Jan 21, 2013
01/13
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to do it he will have to raise taxes. that will be one of the number one issues on his agenda to raise taxes way beyond where we have been ever since the reagan era. >> juan, how can that be? he has to see the spending problem that we are in. what do you think the thought process is about that since has done some cuts but not enough to make a difference. what do you think his thoughts are on it? >> when you think of some of the positions of debt reduction president obama has been slow to the table in part because he doesn't see republicans as a worthy partner for the steps that have a strong political fallout. people will punish you for people cutting the entitlement programs people punish you at the polls rhetorically. one of steve's great heros congressman ryan of wisconsin took some of that risk and saw the kind of pounding that you take for saying, yes, i would make strong cuts when it comes to something like medicare. i think president obama has been reluctant to join in that junk without knowing that in fact speaker
to do it he will have to raise taxes. that will be one of the number one issues on his agenda to raise taxes way beyond where we have been ever since the reagan era. >> juan, how can that be? he has to see the spending problem that we are in. what do you think the thought process is about that since has done some cuts but not enough to make a difference. what do you think his thoughts are on it? >> when you think of some of the positions of debt reduction president obama has been...
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Jan 14, 2013
01/13
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various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of those nine states across the united states that don't have an income tax. those are states like texas and florida and tennessee and new hampshire and washington, navy. they're doing develop economically much better. art laffer who you have on the show a lot and we do a study, called rich states, poor states we find significant growth in those that don't have income taxes. texas isp booming. florida is doing well, tennessee. louisiana wants to join the states to get more job and higher income jobs. bill: bobby jindal wants to get in on the action? >> yeah. bill: what is the effect whe
various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of...
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Jan 16, 2013
01/13
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obama demands the wealthy pay their fair share of taxes, but he is just another elitest hypocrite when it comes to protection for their kids. >> the nra suffered a big loss in new york today with governor andrew cuomo signing into law the toughest gun control legislation in the country, strengthening the state's existing assault weapons ban. >> going to put rules in place that actually protect innocent people in society. that is what the state of new york is doing today. and it says common sense can win. and good people can win. and you can actually get government to work and get good things to happen. you can overpower the extremists with intelligence and with reason and with common sense. >> the nra immediately released this statement. these gun control schemes have failed in the past and will have no impact on public safety and crime, sadly, the new york legislature gave no consideration to that reality while lawmakers could have taken a step towards strengthening mental health reporting. instead, they opted for stopping the rights of gun owners and they did it under a veil of secre
obama demands the wealthy pay their fair share of taxes, but he is just another elitest hypocrite when it comes to protection for their kids. >> the nra suffered a big loss in new york today with governor andrew cuomo signing into law the toughest gun control legislation in the country, strengthening the state's existing assault weapons ban. >> going to put rules in place that actually protect innocent people in society. that is what the state of new york is doing today. and it says...
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Jan 13, 2013
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host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for senator hagel's side. if he says the wrong thing, he could lose his position in the community. it is astonishing to me that people have been so wrong from day one. the people have been wrong. iraq is a disaster with trillions of dollars. afghanistan is a disaster. we do not know what is going on. in syria, the christians are terrified. chuck hagel is reasonable. what did he say that has so destructive -- disrupted it all? he said the jewish lobby intimidate people. to people knowledgeable and aware, this is not an issue. host: this is someone from the republican line. this is slowly an
host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for...
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Jan 15, 2013
01/13
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CNBC
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the payroll tax holiday was allowed to expire. the fiscal cliff, this isn't a new tax. it's a return of an old tax but it's playing havoc with domestic stocks. so is all of the partisanship that makes our country seem like a mickey mouse place to invest and uncertainty going forward, every single democratic government on earth seems to be better organized and smoother functioning than ours. that uncertainty caused by that lack of confidence and higher payroll taxes might have something to do with the declines we're seeing. telco was a place to hide back in 2012. at&t and verizon saw slow downs. no let up in the subsidies to apple and samsung, we love these companies because they had no europe last year, no china, no mexico. now we wish they had all three and there was business formation. let's focus on the other half of the equation. it's a little more robust, where the money is going. last night china had one more remarkable session. holy cow, courtesy of new attitude. the gold double digit growth is taking up the fxi. follow along, but it is taking up the ancillary ch
the payroll tax holiday was allowed to expire. the fiscal cliff, this isn't a new tax. it's a return of an old tax but it's playing havoc with domestic stocks. so is all of the partisanship that makes our country seem like a mickey mouse place to invest and uncertainty going forward, every single democratic government on earth seems to be better organized and smoother functioning than ours. that uncertainty caused by that lack of confidence and higher payroll taxes might have something to do...
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Jan 14, 2013
01/13
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i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it is fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life heavy saving research so the that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it is smart to protect endless corporate loopholes and tax breaks for the wealthiest americans, rather than rebuild our roads and our schools, invest in our workers skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way where everybody pulls their weight,
i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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Jan 20, 2013
01/13
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without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government meanss tomor "fox & friends."nt meanss tomor >> tune in for the after the show show. >> brenda: the people have spoken. 83% of americans calling government spending out of control. so, what do some democratic lawmakers want to do? get rid of the nation's debt limits. they say it's keeping the economy down but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary
without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do...
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Jan 19, 2013
01/13
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that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? guess again, the sticker shock stunner that's slamming us all and the government denies it. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your progress-oh! story on facebook. yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? >> good morning, everyone, we're live in
that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? guess again, the sticker shock stunner that's slamming us all and the government denies it. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not...
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Jan 18, 2013
01/13
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FBC
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without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government means gross and a gradual increase while california shrinks. i hope the country watches and learns. that is our show. oee you next time. seven. the white house and state department confirming only the presence of some american citizens among the hostages, obviously relying principally on the algerian government for most of its information, although the united states has had drones over that plant for much of the time. so at this hour this is what we do know, that the algerian government h
without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do...
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Jan 14, 2013
01/13
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 20, 2013
01/13
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FBC
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that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? your wallet? guess again, the this is $100,000. your wallet? guess again, the we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takesore money than a stranger, you need an ally. ally bank. your money needs an ally. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. address is on the steps on monday. i'm jamie colby. back to bulls and bears right now. >> brenda: so, first the price spikes and now the price hikes. chipotle warning of higher menu prices because of higher food costs. a
that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? your wallet? guess again, the this is $100,000. your wallet? guess again, the we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takesore money than a stranger, you need an ally. ally bank. your money needs an ally. executor of...
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Jan 16, 2013
01/13
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CNNW
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we have a whole tax code that helps states like new york that have higher taxes because they can take it off of their federal income taxes. that has to be part of that, as well. i think we need to help those in need is something we should be doing but if you are not going to spend 80% of the dollars for two years what's the rush? why hurry? get to the direct needs now and that's what i think is important and that's why i offered a transparency amendment that says let's see where the money is going. fema needs reform. we should be reformed it the last two years, a decade ago, after katrina problems and hopefully we can make progress when we do that. >> thank you very much. we appreciate your time. >>> still to come, france has sent more troops in to mali to fight the war there and the united states promises to help. what is help going to mean for american troops? >>> plus an "outfront" investigation, birth tourism. paying women big money to come to the united states and give birth to new american citizens. >>> and president obama goes it alone on gun control. one senator compares the p
we have a whole tax code that helps states like new york that have higher taxes because they can take it off of their federal income taxes. that has to be part of that, as well. i think we need to help those in need is something we should be doing but if you are not going to spend 80% of the dollars for two years what's the rush? why hurry? get to the direct needs now and that's what i think is important and that's why i offered a transparency amendment that says let's see where the money is...
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Jan 15, 2013
01/13
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tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators, all of these talking about cutting entitlements the social security and i'm 85 years old. i started paying in when i was 15 years old working on the power line in west virginia. that is my home state. it is so corrupt, social security. they need to get these doctors and lawyers off and encourage people to go one social security and disability. host: on twitter. james in new york, republican. caller: hello. presently i'm still waiting for insurance, which i pay a premium on, from 7sandy. fema is out of money and i think they will vote this morning to do ad to the people who'd pre
tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators,...
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Jan 15, 2013
01/13
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KQED
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i'm very skeptical that it ain't going to happen in tax reform. i saw the '85, '86 tax act. almost none of the ingredients that existed then for that very difficult task exists today. i think there was people on both sides who like to see it. i am very dubious. i think immigration is going to happen. and guns is a toss up right now. but major is absolutely right. that window is those first two years and i think the president knows that. the last part of his first, secretary term will be probably foreign policy essentially. >> rose: al hunt, major garrett, thank you very much. >> thank you. >> rose: we'll be right back with the foreign minister of pakistan. stay with us. hina rabbani qhar is here, i'm pleased to have her here at this table for the first time. welcome. >> thank you. >> rose: you have had for a young woman an extensive experience in government, both in the finance ministry as well as foreign ministry. you are here for what purpose? >> i am here as you know pakistan recently hast year got elect as a peferm nent member of the security council so this month apac s
i'm very skeptical that it ain't going to happen in tax reform. i saw the '85, '86 tax act. almost none of the ingredients that existed then for that very difficult task exists today. i think there was people on both sides who like to see it. i am very dubious. i think immigration is going to happen. and guns is a toss up right now. but major is absolutely right. that window is those first two years and i think the president knows that. the last part of his first, secretary term will be...
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Jan 15, 2013
01/13
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if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like his idea. there are a few other things by the way that weren't mentioned i. think something that is really critical is the overall country has been in a bunker men taplt whic mentality. which is natural. we need to get into a progrowth mentality. states that exist only to feed into the welfare society that removes the needle, that's why our gdp hasn't moved. these are gdp policies. businesses hire more people, invest in plants, it encourages work. right now we have a scenario where work is sort of discouraged and moving up in the workforce is discouraged. if you make less than $50,000 you almost would
if we can implement this plan with the consumption-based tax and zeroing out the income taxes we will have the best economy in the southeast which will give us many years of prosperity and job growth. bill: thank you for your time. your unemployment rate has been over 9% for far too long. we'll see how it goes in north carolina. other efforts underway, north carolina i mentioned. kansas, oklahoma with me now charles payne from the fox business network. do you like his idea? >> i do like...
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Jan 15, 2013
01/13
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xlees with tax breaks for rum distillers? i need a drunk. >>> i'm kry is tal ball. are we turning our kids in to narcissists? >>> a dope. lance armstrong comes clean to the queen of talk but who needed the interview more, lance or oprah? >>> i'm shooting straight coming to guns. ready, aim? "the cycle" is on fire. >>> the house is back and getting serious about the constitution. members spent 1:05 reciting the entire u.s. constitution. it's the basis of our government, of course, but this is only the second time ever the entire document was read aloud in the house. >> we the people of the united states in order to form a more perfect union -- >> no person except a natural-born citizen shall be eligible to the office of president. >>> the powers to all cases of law and equity. >> full faith and credit given in each state to the public acts. >> congress shall make no law respecting an establishment of religion, the right of the people to keep and bear arms shall not be infringed. >> neither slavery nor involuntary servitude shall exist within the united states. >> the
xlees with tax breaks for rum distillers? i need a drunk. >>> i'm kry is tal ball. are we turning our kids in to narcissists? >>> a dope. lance armstrong comes clean to the queen of talk but who needed the interview more, lance or oprah? >>> i'm shooting straight coming to guns. ready, aim? "the cycle" is on fire. >>> the house is back and getting serious about the constitution. members spent 1:05 reciting the entire u.s. constitution. it's the...
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Jan 15, 2013
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say they they make up 16% of the taxes collectle in the country. all the different argument. what about the concern over the country's fiscal situation. and how it factors in to this particular disaster relief bill after the house passed the $9 billion relief bill, the first tranche of relief the last two weeks. new jersey governor chris christie criticized for the delay to this point. thenate doing something two weeks ago. it seems to me that the criticism it's a blunt instrument. 1.6% of discretionary spending lop it off and throw it away. if you look at priest proposals, doing away with the legal services and you think wait a minute. there is a political agenda here being pursued by people who want to do away with the discretionary spending. the comeback has been this is the first time. you have never had a situation where disaster relief has been attached to, the compensatory cuts in the rest of the budget. >> bret: right. that is a fair point. they makebe is that to tie all of this together has not happened before. it didn't happen in katrina and it didn't happen in othe
say they they make up 16% of the taxes collectle in the country. all the different argument. what about the concern over the country's fiscal situation. and how it factors in to this particular disaster relief bill after the house passed the $9 billion relief bill, the first tranche of relief the last two weeks. new jersey governor chris christie criticized for the delay to this point. thenate doing something two weeks ago. it seems to me that the criticism it's a blunt instrument. 1.6% of...
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Jan 13, 2013
01/13
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congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need for the joint strike fighter. there are tough decisions that have to be made. leadership in the military was difficult. there are things that are made now that will now be made in the future. that is what it takes to get our defense budget under control. in the question of closing loopholes, the president's budget has a number of specifics. we also have provisions that would take away the tax benefits to come to companies that export jobs. we think it is important to have our policy and tax code designed do reflect what we need to do in our economy. for the future, we need to develop new and renewabl
congress has provided tax breaks, tax cuts, tax loopholes, and tax perks estimated to reduce revenues by more than $1 trillion. [no audio] >> the policy in this budget says the the department of defense will tamp down increases so that there is no real growth in the five-year window. the savings compared to their five-year plan for the last year's budget. we think it that is an important step that requires tough choices, meaning the you cannot afford the second engine that you do not need...
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Jan 17, 2013
01/13
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by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks actually feel comfortable coming in, and actually supporting. what i mean by that is, like, nra members are actually overwhelmingly in support of a lot of the stuff with the president is doing, and by saying it actually gives them talking points to talk to their friends and family about it, and that's what they're trying to do. >> right. >> and if glen is right and we're moving towards a second term in which the president is going to be more forth rightly liberal and more principled, then this makes sense, right. this is re-establi
by the death tax. people didn't like it before. they don't like it now. >> i feel like with gun laws in particular the second amendment is the go-to argument. it is the banner under which the nra marches. >> i think it's enjoyable for people who felt like they're being bullied by the second amendment, and -- until obama went out and said you have a right to worship freely, i really don't. i tend to think that the people who -- >> i think that it does reframe it so that folks...
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Jan 13, 2013
01/13
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so where do you see the tax debate going this year? >> maybe nowhere. if they can't agree on something as basic as extending the bush tax cuts for quote/unquote the middle class he's right that $450,000 is not middle class in most people's minds. but if they can't agree on that , they're going to have a tough tough fight and regular order hasn't been the way they've hasn't been the way they've done things anyway.
so where do you see the tax debate going this year? >> maybe nowhere. if they can't agree on something as basic as extending the bush tax cuts for quote/unquote the middle class he's right that $450,000 is not middle class in most people's minds. but if they can't agree on that , they're going to have a tough tough fight and regular order hasn't been the way they've hasn't been the way they've done things anyway.
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Jan 18, 2013
01/13
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on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other purpose. to support our education initiative, my budget will propose that we increase the income tax by 1 percentage point to 6 % 25% to make that increase fair to all according to their ability to pay. i will propose that we double the personal exemptions for every taxpayer, and eliminate a number of itemized dedeductions. making those changes gives us a tax code that is simpler and fairer. let me add that with these changes are sales, income, and business taxes will be comparable to and other states in the region beyond with which we compete. th
on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other...
SFGTV2: San Francisco Government Television
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Jan 21, 2013
01/13
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SFGTV2
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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Jan 14, 2013
01/13
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FOXNEWSW
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taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the question today is, that a regresssive tax? >> yes. >> peter: as you economists say? >> yes. >> peter: what does that mean? >> everybody pays it. no relation to how much you earn. it's how much you spend. you pay tax according to what you spend. a sales tax, it tax consumption. so in that sense, yes. it is regresssive. but on the other hand, if the absence of income taxes creates a growing economy, everybody wins from that. >> peter: some states don't have income tax. >> there are seven. i'll read them, alaska, florida, nevada, sout
taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the...
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Jan 14, 2013
01/13
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CSPAN
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 16, 2013
01/13
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CNNW
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we got a whole tax code that actually helps states like new york that have higher taxes because they can take that off their federal income taxes. that has to be part of that as well. but i think we need to do -- certainly helping those in need is probably something we should be doing but if you're not going to spend 80% of the dollars for two years, what's the rush? let's get to the direct needs right now and that's what i think's important. that's why i offered transparency amendment that said let's go see where this money is going. that went on there. i think that's important. fema needs reform. we should have reformed it the last two years. they should have reformed it a decade ago, after the katrina problems. hopefully we can make some progress when we do that. >> thank you very much. we appreciate your time tonight. >>> still to come, france has sent more troops into mali to fight the war there and the united states promises to help. but what is help really going the mean for american troops? >>> plus, an "outfront" investigation. birth tourism. paying women big money to come t
we got a whole tax code that actually helps states like new york that have higher taxes because they can take that off their federal income taxes. that has to be part of that as well. but i think we need to do -- certainly helping those in need is probably something we should be doing but if you're not going to spend 80% of the dollars for two years, what's the rush? let's get to the direct needs right now and that's what i think's important. that's why i offered transparency amendment that...
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Jan 17, 2013
01/13
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FBC
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worse
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to...
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Jan 17, 2013
01/13
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FBC
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of the vitality healthyfood program... and one more way humana medicare can help you choose what's good for your health and your wallet. so you can spend a little less money... and spend a little more time sharing what you know with the people who matter most. humana. ♪ neil: cornhusker playing tax buster. the republican governor is not showing taxes love. double down on cuts and a lot of cuts. he joins republicans looking to roll back a variety of taxes. dave right now, governor, exbrain you are doin
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of...
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Jan 18, 2013
01/13
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CSPAN
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type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked about in his fair well address 52 years ago this week. from our twitter page there is this from one of our viewers -- rick is joining us from maryland democrats line. good morning. caller: good morning. i think the government should be a part of our life, because without the government all these millionair
type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across...
SFGTV2: San Francisco Government Television
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Jan 19, 2013
01/13
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SFGTV2
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we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of good things that 1%ers are for. >> he is not really offering of a lot. >> he is talking about being taxed less than his assistant. there is a group of patriotic millionaires. it is the belief that you owe backe to a country that has helped to make you what you are. steve jobs -- we had a tough column in the last issue. it was tough not about apple labor practices in china. here you had a man of great wealth was talking about cutting taxes and never really gave of his philanthropic wealth. poor bill gates, he gets nailed for being so square. you can disagree with some things. but
we are taxing work the barely taxing wealth region but barely tax and wealth. that is the wrong priority. -- we're taxing work but barely taxing wealth. the robin hood taxes an idea whose time has come. radicals light nicholke nicolasy and angela merkel have a tax on currency transactions that would bring in $350 billion a year. some of my heroes are the nurses of this country. national nurses united heal america. tax-loss >>> there are a slew -- tax on wall street. there are a slew of...
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Jan 16, 2013
01/13
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MSNBCW
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how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of hurricane sandy. but will republicans go along with it? especially from the south. you're watching "hardball," the place for politics. southern tornado, for example, no one raised the question of spending cuts. but now in the northeast, when the aid was needed there, this issue of fiscal conservatism and trying to trim the budget in one place to help others elsewhere became so heated. so what you've got now is it was a process but they have passed more than $50 billion in aid. it covers a range of things including money for fema to rebuilding transportation and so forth. it has to go back to the senate, b
how to stop talking about legitimate rape and insulting women, science 101, creating tax breaks and tax shelters for millionaire campaign donors and, after that ppp poll showing how unpopular congress really is, there's how to increase our approval ratings. what root canals, traffic jams, cockroaches, and head lice are doing to us. and republicans are presumably doing wrong i guess. >>> up next, the house of representatives will be voting tonight on a big aid package for the victims of...
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Jan 15, 2013
01/13
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COM
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we place upon them this complex tax rebuilding csm we really have a plcy that at its foundation is we go into a country attack it, conquer it in the manner that the superior technology and our fighting forces, and then stay there and knit it back together? isn't that asking too much from these guys? >> i don't think so. they do what has to be done. you only fight to achieve an end. if you think about world war ii. everybody likes world war ii because it seems neat and clean and we won and it was over. i wasn't that way in reality. essentially counter insurgency was performed for a decade. the marshall plan was nothing more than helping europe regrow so that it would be protected against the growth of extremism and things. in reality, soldiers are natural people to help bind things back together. you fight when you have to but you solve the problem wherever you can. >> jon: can you stick around for a little bit? we'll go to
we place upon them this complex tax rebuilding csm we really have a plcy that at its foundation is we go into a country attack it, conquer it in the manner that the superior technology and our fighting forces, and then stay there and knit it back together? isn't that asking too much from these guys? >> i don't think so. they do what has to be done. you only fight to achieve an end. if you think about world war ii. everybody likes world war ii because it seems neat and clean and we won and...
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Jan 14, 2013
01/13
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CNBC
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i didn't say i wouldn't have any conversations about extending the tax cuts. what i said was we wouldn't extend bush tax cuts for the wealthy and we didn't. you could argue during the campaign i set the criteria for wealthy at 250, and we ended up being at 400. but the fact of the matter is, millionaires, billionaires, are paying significa ining signific taxes just like i said. from the start my concern was making sure that we had a tax code that was fair and that protected the middle class. and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 2011 is the fact that we've already made $1.2 trillion in cuts. at the time i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth, i said at the time i think we should pair it up with revenue in order to have an overall balanced package. but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made. and we've made those cuts. now, the challe
i didn't say i wouldn't have any conversations about extending the tax cuts. what i said was we wouldn't extend bush tax cuts for the wealthy and we didn't. you could argue during the campaign i set the criteria for wealthy at 250, and we ended up being at 400. but the fact of the matter is, millionaires, billionaires, are paying significa ining signific taxes just like i said. from the start my concern was making sure that we had a tax code that was fair and that protected the middle class....
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Jan 19, 2013
01/13
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FBC
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we'll let you raise taxes on the rich. which only will reyour trillion dollar deficit spending each year 5%, folks. so they gave them that. what does he come back with? we want more. i want more tax hikes which aren't going to do anything to calm the debt and the spending. he is not willing, and so i think back to what joe said. i think marco said this too. small business owners and large corporations can't trust the president. that's why they're sitting on top of all this cash and not hiring. that doesn't bode well. neil: marco, quickly you see nothing to dissuade you or some of your colleagues from getting off that? >> businesses are still growing, neil but they're not growing as much as they otherwise would. and that uncertainty has a very real trickle down effect. i'll use us as an example. we're building a new gio pronto restaurant right now. i would have loved to borrow the total investment from people like joe and gold coast banking. no way i'm going to do that based on uncertainty. i go borrow less than i would oth
we'll let you raise taxes on the rich. which only will reyour trillion dollar deficit spending each year 5%, folks. so they gave them that. what does he come back with? we want more. i want more tax hikes which aren't going to do anything to calm the debt and the spending. he is not willing, and so i think back to what joe said. i think marco said this too. small business owners and large corporations can't trust the president. that's why they're sitting on top of all this cash and not hiring....
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Jan 15, 2013
01/13
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KTVU
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they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us now from menlo park with more on a mystery event that is going to take place in just a few hours, good morning. >> reporter: good morning pam, we did see several news vehicles and as the morning goes on the area is expected to fill up and that's because at 10:00 a.m. facebook is anticipating a news conference to unveil something. we don't know what that something is just yet but they say come see what we are building. most people agree they are not talking about an actual building even though they are expanding their campus. some analysts are shooting down the idea of a phone because mark zuckerberg said a phone does not make sense. facebook is his top pry yourty and -- priority and he may unveil a search engine so users would not have to leave the facebook site. it has caused the facebook stock to end on a six month high on friday and the question is, wil
they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us now from menlo park with more on a mystery event that is going to take place in just a few hours, good morning. >> reporter: good morning pam, we did see several news vehicles and as the morning goes on the area is expected to fill up and that's...
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Jan 20, 2013
01/13
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MSNBC
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. >> i need the "time to pay taxes" watch. >> okay we can't find the other watch but it's here some place. i need about $1 million in financing. that world work on this new watch. this is called a "flip" watch. two watches in one. people don't buy watch anymore just to tell the time. they buy watches to tell something about themselves. so this watch you could be -- in this case it's an obama inaugural watch. one watch here and one watch there. >> i'm going to stop you so you get the million dollars. what do you need it for? >> licensing and cash flow. >> got it. okay. you guys, you have a watch. i wonder if this will influence monica's decision. i suspect not. how do you think -- into job. right? how do you think you did, monica? >> i think that his pitch was great. i think you have a catchy product that's fun but for a million dollars i would be looking for a company that has the opportunity to scale so i'd really want to know how you're going to grow this business post his second term, because there may be a big slipdown in terms of people's interest in showing their obama support. >> y
. >> i need the "time to pay taxes" watch. >> okay we can't find the other watch but it's here some place. i need about $1 million in financing. that world work on this new watch. this is called a "flip" watch. two watches in one. people don't buy watch anymore just to tell the time. they buy watches to tell something about themselves. so this watch you could be -- in this case it's an obama inaugural watch. one watch here and one watch there. >> i'm going...
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101
Jan 13, 2013
01/13
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CSPAN
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where do you see the tax break going this year? >> may be nowhere. $450,000 is not middle-class in most people's minds. they're going to have a tough fight. regular order has not been it would have done things anyway. regular order, -- is not the way that they have done things and do it. but it has taken to get anything done is these deadlines. -- what it has taken to get anything done is these headlines. headlines.
where do you see the tax break going this year? >> may be nowhere. $450,000 is not middle-class in most people's minds. they're going to have a tough fight. regular order has not been it would have done things anyway. regular order, -- is not the way that they have done things and do it. but it has taken to get anything done is these deadlines. -- what it has taken to get anything done is these headlines. headlines.